| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.9B | $32.7B | $31.4B | -5.4% | -1.6% |
| Op. Income | $2.0B | $3.1B | $1.5B | -35.7% | 28.3% |
| Gross Margin | 15.7% | 15.9% | 14.4% | -0.2pp | 1.2pp |
| Net Margin | 3.4% | 4.1% | 2.3% | -0.7pp | 1.2pp |
| EPS (Diluted) | $0.68 | $0.87 | $0.46 | -21.6% | 48.7% |
| Free Cash Flow | $7M | $861M | -$1.3B | -99.2% | 100.5% |
| Item | Amount |
|---|---|
| REVENUE | $30.9B |
| Cost of Revenue | $26.1B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $915M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $29.0B |
| OPERATING INCOME | $2.0B |
| Interest Income | $44M |
| Interest Expense | $369M |
| Other Income/Expenses | -$280M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $621M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.7B |
| EBIT | $2.4B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30.9B |
| Cost of Revenue | $26.1B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $915M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $29.0B |
| OPERATING INCOME | $2.0B |
| Interest Income | $44M |
| Interest Expense | $369M |
| Other Income/Expenses | -$280M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $621M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.7B |
| EBIT | $2.4B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $287M |
| Other Non-Cash Items | $374M |
| Change in Working Capital | -$977M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$215M |
| NET CASH FROM FINANCING | -$215M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$648M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.8B |
| Short-Term Investments | $694M |
| Net Receivables | $9.5B |
| Inventory | $16.0B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $42.5B |
| PP&E (Net) | $34.4B |
| Goodwill | $12.4B |
| Intangible Assets | $16.9B |
| Long-Term Investments | $2.9B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $70.9B |
| TOTAL ASSETS | $113.4B |
| Account Payables | $26.3B |
| Short-Term Debt | $7.6B |
| Deferred Revenue | $8.3B |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $45.0B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $29.7B |
| Deferred Tax Liabilities | $275M |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $44.4B |
| TOTAL LIABILITIES | $89.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $184M |
| TOTAL EQUITY | $24.0B |
| TOTAL LIABILITIES & EQUITY | $113.4B |
| Total Debt | $21.8B |
| Net Debt | $8.1B |
